Acquisitions, Disposals and Other Transactions (Tables) (Move Inc [Member])

6 Months Ended

Dec. 31, 2014

Move Inc [Member]

Schedule of Fair Value of Consideration Transferred

The acquisition date fair value of the consideration transferred for Move was approximately $784 million, net of $108 million of cash acquired, and consists of the following (in millions):

Cash consideration—Move’s outstanding equity	$	864
Fair value of assumed equity awards		28
Total consideration transferred	$	892
Cash acquired		(108	)
Total consideration transferred, net of cash acquired	$	784

Schedule of Fair Value of Assets Acquired and Liabilities Assumed on Purchase Price Allocation

Under the purchase method of accounting, the total purchase price is allocated to net tangible and intangible assets based upon Move’s estimated fair value as of the date of completion of the acquisition. The preliminary purchase price allocation is as follows (in millions):

Assets acquired:
Cash	$	108
Current assets		23
Intangible assets		260
Goodwill		689
Noncurrent assets		35
Total assets acquired	$	1,115
Liabilities assumed:
Current liabilities	$	50
Deferred income taxes		41
Borrowings		129
Other noncurrent liabilities		3
Total liabilities assumed		223
Net assets acquired	$	892